Housing Options - Assisted Home Ownership - Available Schemes

City and County of Swansea

To express an interest in low cost home ownership in Swansea, email or phone the enabling team on 01792 635047

Civic Centre,
Tel/Ffon: 01792 635047
Email/E-bost: affordablehousingregister@swansea.gov.uk

Family Housing Association

Many people would like to own their own home but are unable to do so because they are unable to afford a full mortgage for many reasons, such as low income or insufficient savings.

Shared Ownership is not about sharing your accommodation with anyone else, but it is a scheme which allows people who cannot presently afford outright home ownership to get a foot onto the property ladder.

The Deferred Shared Ownership Tenancy gives you the right to buy an additional share at any time, either in one go or in stages, at it's market value so that you could eventually own your own home outright when you can afford to do so. As your share of the property increases, the rent you have to pay is correspondingly lower - this is known as "stair-casing".

It is important to note under Shared Ownership you are the owner and legal occupier of your home.

43, Walter Road
Swansea
SA1 5PN

Tel/Ffon: 01792 482702
Fax/Ffacs: 01792 473726
Email/E-bost: info@fha-wales.com
Web/Gwefan: Family Housing Association

Gwyr

Assisted Home Ownership Scheme

7-13, kIngsway
Swansea
Swansea
SA15JN

Tel/Ffon: 01792 488250
Email/E-bost: info@gwyrhomes.com
Web/Gwefan: Gwyr

Pennant Homes

Assisted home ownership normally requires you to purchase a share in your home. This way you do not need to secure a large mortgage and substantial deposit that is required to purchase a property outright. The housing association will own the remaining share of your home until the property is sold and the money from the sale is split between you and the association.

3rd Floor 220, High Street
Swansea
SA1 1NW

Tel/Ffon: 01792 619300
Email/E-bost: enquiries@pennanthomes.co.uk
Web/Gwefan: Pennant Homes